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LOUPInnovator Deepwater Frontier Tech ETF

Grow my money7y track recordRanked #1,536 of 2,960 in this goal

Seeks to provide capital appreciation.

By Innovator ETFs · Launched 2018

Annual Cost

0.70%

#3,529 of 5,562 · average

Fund Size

$219M

#2,235 of 5,562 · mid-size

Return (1Y)Goal

+66.0%

Track Record

7 years

#1,776 of 5,562 · established

Performance

Total-return NAV · USD
Growth of $10,000
$16,414+64.1%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Alternative

Region

Global

Strategy

Structured outcome

Index tracked

Deepwater Frontier Tech Index

What it actually holds

By weight

Concentration

Top 10 holdings = 50.5% of fundmoderately concentrated

Mount Vernon Liquid Assets Portfolio, LLC
11.1%
Sterling Infrastructure Inc
6.2%
Siemens Energy AG
6.1%
First Solar Inc
4.7%
AeroVironment Inc
4.1%
Coherent Corp
3.8%
ASML Holding NV
3.7%
Reddit Inc
3.6%
Cameco Corp
3.6%
Lam Research Corp
3.6%

Asset allocation

Stocks
100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
29.7%High

Year-on-year price swings

Max drawdown
-58.7%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.99Decent risk-adjusted returns
Sortino (3Y)
1.42Good downside protection

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks to provide capital appreciation.
Strategy
Actively manages a portfolio investing primarily in equity securities of companies on the frontier of new technologies, targeting at least 80% of net assets in Frontier Tech Companies. Themes include Artificial Intelligence, Autonomous and Electric Vehicles, Fintech, Robotics, and Virtual/Augmented Reality. The Fund references the Deepwater Frontier Tech Index, which identifies eligible companies based on revenue derived from these themes or specific revenue criteria.
Inception date
July 24, 2018
Fund family
Innovator ETFs

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Buffer
Warning

Buffer ETF — downside protection at a cost

Defined-outcome funds cap upside (typically 8–20%) in exchange for partial downside protection (9–30%), priced via options. Fees are materially higher than the underlying index (often 0.70%+ vs 0.03–0.10%). For most pre-retirees, a simple stock/bond mix achieves similar downside behaviour at a fraction of the cost.

Source: Morningstar, 'Defined-Outcome ETFs: Useful or Uneconomic?' (2023)

Why we flagged this: strategy=structured_outcome + structured_outcome_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19